Types Of Bankruptcy

Property flips targeted in HUD real estate sales  Audit shows investors abuse preforeclosure program Rachel Dollar, The Dollar Law Firm The U.S. Department of Housing and Urban Development needs to crack down on investors who are abusing a


EAST BAY BIZ BUZZ: Wells Fargo opens mortgage center in Concord (Contra Costa Times)  Wells Fargo has opened a new 14,312-square-foot facility in Concord, where it will process mortgage loans originated throughout the Bay Area. The San Francisco-based bank will employ 60 employees, many


Sierra Fire District Seeking to Recover Reno Firefighting Costs   Sierra Fire Protection District Chief Mike Greene says his agency will seek to recover costs from those responsible for sparking the Hawken and Plateau fires in Reno this summer.


How to Effectively Market Your Home to Buyers   As a home seller, you and your real estate agent have a lot of tools available to attract the attention of potential home buyers. via American Chronicle read more...


Cathay Seeks to Extend Fuel Surcharges  Associated Press Cathay Seeks to Extend Fuel Surcharges 05.22.2005, 11:08 AM Hong Kong airline Cathay Pacific has asked the local government for permission to extend fuel surcharges for its flights


30-year mortgage interest rate goes up for 4th week, to 5.98% (Baltimore Sun)  WASHINGTON // Rates on 30-year mortgages rose for a fourth consecutive week, climbing to the highest level since late March, as financial markets continued to worry about inflation. read more...

March 4th, 2007

Lehman Cuts Prime Mortgage Lenders on Spillover From Subprime (Bloomberg.com)

March 5 (Bloomberg)—Lehman Brothers Holdings Inc. reduced its investment rating on U.S. mortgage companies including Countrywide Financial Corp. because a surge in loan defaults is showing evidence of spreading beyond the riskiest credits and the Federal Reserve hasn’t cut borrowing rates.

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